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Saturday, November 3, 2012

Caesars Loss, 208.2 % Increase, from the Year Ago Quarter


Sure is a rosey picture for Suffolk Downs with growing losses!





Caesars Entertainment Corporation Reports 3rd Quarter 2012 Loss of $505.5 million,
Compared to a Loss of $164 million, a 208.2 % Increase, from the Year Ago Quarter

LAS VEGAS, Oct. 31, 2012 -- Caesars Entertainment Corporation (NASDAQ: CZR) today reported the following financial results for the third quarter of 2012:
  • Net revenues and Adjusted EBITDA remain flat
  • August debt transactions consummated in October extend maturities, boost liquidity and increase balance sheet cash
  • First wave of Linq tenants announced in October
  • Total Rewards receives customer-loyalty industry's top award

http://www.hotel-online.com/News/PR2012_4th/Nov12_CZR.html

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